AMD Beats Q4 Estimates, Shares Dip 4%

• AMD reported Q4 revenue of $7.66 billion, surpassing analyst expectations of $7.53 billion, with adjusted earnings of $1.09 per share.
• Data Center revenue surged 69% year-over-year to $3.9 billion, while Gaming revenue fell 59% to $563 million.
• Despite strong results, AMD shares dropped 4.73% after hours, possibly due to concerns over AI chip competition with Nvidia.

Source: Benzinga, Marketwatch, Benzinga, Yahoo! News